This property looks like a bad Mid-Term investment with a projected -0.93% first-year return on $86,292 initial cash invested.
-0.93%
Cash On Cash
6.98%
Cap Rate
1.03
DSCR
$3,092
Rent
-$67
Cashflow
Cash Flow
$3,092 income − $3,159 expenses = $67 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,292
Downpayment
20%
$65,040
Closing costs
1%
$3,252
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,092
Total Expenses
$3,159
Mortgage P&I
59%
$1,835
Property Taxes
5%
$156
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340